Altona, IL—61414
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Altona, IL
As of Oct '25, the median home price in Altona, IL is $105,000, with a year-over-year change of 4.6%. This indicates that home prices in Altona, IL are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | 4.6% |
| Single Family | $105,000 | 7.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Altona, IL
Altona, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,000 | $1,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Altona, IL
Altona, IL lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $115,000 | -8.0% |
Listing Count | 1 | -50.0% |
| Listings as % of Homes | 0.8% | -50.0% |
Days on Market | N/A | 764.0% |
Demographics — Altona, IL
As of the latest ACS Survey released in 2023, Altona, IL has a population of 731, which has decreased by -22.0% over the past 5 years. Altona, IL is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 731 | -22.0% |
% Under 18 | 14.6% | -50.5% |
% Seniors | 32.7% | 119.5% |
% WFH | 6.6% | 187.0% |
% w/ College Degree | 16.4% | -26.8% |
As of the latest ACS Survey released in 2023, Altona, IL is a predominantly white area, with 98.9% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Altona, IL is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.0% of the population in Altona, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 98.9% | 5.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.7% | -58.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Altona, IL
Altona, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Altona, IL
Altona, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 6.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $880 |
| 3 Bedroom | $140 | $1,000 | $1,140 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Altona, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $105,000 |
| Median Household Income | $62,600 |